National Company KazMunayGaz JSC (XKAZ:KMGZ) Dividend Payout Ratio: (As of Jun. 2026)

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XKAZ:KMGZ National Company KazMunayGaz JSC XKAZ:KMGZ
65 GF Score
Price ₸35,560.00
GF Value ₸19,777.96
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is National Company KazMunayGaz JSC Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. National Company KazMunayGaz JSC's Dividend Payout Ratio for the months ended in Jun. 2026 was .

The historical rank and industry rank for National Company KazMunayGaz JSC's Dividend Payout Ratio or its related term are showing as below:

XKAZ:KMGZ' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.29   Max: 59.17
Current: 0.25


During the past 13 years, the highest Dividend Payout Ratio of National Company KazMunayGaz JSC was 59.17. The lowest was 0.03. And the median was 0.29.

XKAZ:KMGZ's Dividend Payout Ratio is ranked better than
77.36% of 455 companies
in the Oil & Gas industry
Industry Median: 0.48 vs XKAZ:KMGZ: 0.25

As of today (2026-09-21), the Dividend Yield % of National Company KazMunayGaz JSC is 1.61%.

During the past 13 years, the highest Trailing Annual Dividend Yield of National Company KazMunayGaz JSC was 4.94%. The lowest was 1.46%. And the median was 3.38%.

National Company KazMunayGaz JSC's Dividends per Share for the months ended in Jun. 2026 was .

During the past 12 months, National Company KazMunayGaz JSC's average Dividends Per Share Growth Rate was 16.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 14.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 42.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of National Company KazMunayGaz JSC was 81.70% per year. The lowest was 10.00% per year. And the median was 37.05% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


National Company KazMunayGaz JSC (XKAZ:KMGZ) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


National Company KazMunayGaz JSC Dividend Payout Ratio Related Terms


National Company KazMunayGaz JSC Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for National Company KazMunayGaz JSC's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

National Company KazMunayGaz JSC Dividend Payout Ratio Chart

National Company KazMunayGaz JSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.29 0.29 0.34

National Company KazMunayGaz JSC Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 4.17 - -

XKAZ:KMGZ vs MPC, VLO, PSX: Dividend Payout Ratio Comparison

For the Oil & Gas Refining & Marketing subindustry, National Company KazMunayGaz JSC's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


National Company KazMunayGaz JSC Dividend Payout Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, National Company KazMunayGaz JSC's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where National Company KazMunayGaz JSC's Dividend Payout Ratio falls into.


XKAZ:KMGZ
65GF Score
National Company KazMunayGaz JSC XKAZ:KMGZ
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Company KazMunayGaz JSC Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

National Company KazMunayGaz JSC's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=573.66/ 1713.9673654059
=0.33

National Company KazMunayGaz JSC's Dividend Payout Ratio for the quarter that ended in Jun. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2026 )/ EPS without NRI (Q: Jun. 2026 )
=/ 851.03034070737
=0.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Is National Company KazMunayGaz JSC (XKAZ:KMGZ) Overvalued in 2026?

Based on GuruFocus' analysis, National Company KazMunayGaz JSC stock appears to be overvalued. The current stock price of ₸35,560.00 is trading 79.8% above its estimated GF Value™ of ₸19,777.96. GuruFocus considers National Company KazMunayGaz JSC to be Significantly Overvalued.

Key valuation signals for XKAZ:KMGZ:

  • Dividend Payout Ratio:
  • GF Value™: ₸19,777.96 vs. price of ₸35,560.00 (79.8% above fair value)
  • GF Score™: 65/100 with 7 warning signs

No single metric tells the full story. See the XKAZ:KMGZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


National Company KazMunayGaz JSC Business Description

Industry EnergyOil & Gas
Address Kunayev street, 8, Republic of Kazakhstan D, Astana, KAZ, 010000
National Company KazMunayGaz JSC Group's activities comprise the exploration and production of oil and gas, transportation, refining, and marketing of hydrocarbons and petroleum products, with trading activities carried out in the Republic of Kazakhstan. The Group's activity consists of three main operating segments: exploration and production of oil and gas, oil transportation, and refining and trading of crude oil and refined products, which generates maximum revenue. It operates in the UAE, which generates maximum revenue, as well as in Kazakhstan, Romania, Switzerland, the Netherlands, and other countries.
65GF Score

Get the complete analysis for XKAZ:KMGZ

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₸35,560.00
Price
₸19,777.96
GF Value